Paying duty is mandatory for most importers, but did you know that you don’t always need to do it? Customs Consultant Marino Vaccari discusses Inward Processing Relief (IPR) in this article.
When you import goods into the European Union, you need to pay import duties. In some cases, this can be a preferential rate, meaning a lower rate or even a 0% rate. In some cases, you also have to pay anti-dumping duties.